Zenith

Nigeria’s equities market rebounds 0.44% on bargain hunting in Dangote Cement, Zenith, Nestle

Nigerian stocks Wednesday rebounded after two days of losses with benchmark index gaining 0.44 percent to settle at 35,103.40 points,…

Rising cost of funds, tight liquidity put interest earnings outlook on edge for Nigerian banks

Despite the recovery in the Nigerian economy, as indicated by Q2 2017 gross domestic product growth numbers, earnings prospect for…

Union Bank seeks to raise N50bn as rights issue opens

Nigerian lender, Union Bank, opened a rights issue to its shareholders Wednesday, which it said would enable it raise N50…

Buy interest in Guinness, Zenith, NB, Stanbic, Dangcem, Seplat puts brake on 5-day bearish streak as Nigeria bourse rebounds

A raft of buy interest in quoted equities on the Nigerian Stock Exchange Wednesday saw a rebound of the market,…

Nigeria equities’ rally slows as investors take profit paring benchmark index by 0.6%

The Nigerian stock market, which has defied the laws of gravity and skyrocketed past the N13 trillion market capitalization in…

Bankers’ Committee says Nigeria’s economic indices point to earlier-than-expected recovery from recession

The Nigerian Bankers’ Committee, comprising financial services operators and the sector regulator, the Central Bank of Nigeria (CBN), Thursday said…

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